FTSE 100 Index Price Forecast July 3, 2017, Technical Analysis

The FTSE 100 initially tried to rally during the session on Friday, but found enough resistance at the 24-hour exponential moving average to turn around and start falling. The 7300-level underneath should continue to be supportive, so I think that a market move to that level should be expected, and a breakdown below the 7300 level should cause the market to break down even further. Ultimately, I think that given enough time the FTSE 100 will start to find support. There is a lot of choppiness, I believe that volatility will continue to be the case.

FTSE 100 Video 03.7.17